S&P, U.S. Justice Department likely to enter $1.37 billion settlement: WSJ

By

Standard & Poor's and the U.S. Department of Justice are likely to enter into a $1.37 billion settlement as early as Thursday, the Wall Street Journal reported on Wednesday.

The Justice Department in February 2013 sued the ratings company for what the agency said were misleading ratings of residential mortgages leading up to the 2008 financial crisis.

Tags
U.S. Department of Justice
Join the Discussion
More News
Costco

Costco Union Votes In 'Overwhelming' Margin To Authorize A Strike

menendez brothers

LA Wildfires Postpone Menendez Brothers' Resentencing in Second Delay of Their Bid for Freedom

Woman Admits to Pinning Fake Rape Accusation on Jailed Man

Woman Admits to Pinning Fake Rape Accusation on Jailed Man Because She Thought He Was 'Creepy'

Connecticut crime

Connecticut Woman Allegedly Texted Ex 'I Warned You' Minutes Before He Was Struck and Killed by Car

Real Time Analytics